Share this article
BitcoinPoint, Cashzone Allow Users to Sell Bitcoin Using 16K ATMs Across UK
London-based cryptocurrency company BitcoinPoint announced Thursday bitcoin holders can now cash out bitcoin from 16,000 Cashzone automated teller machines (ATMs) situated across the entire U.K.
Updated Sep 14, 2021, 10:47 a.m. Published Dec 24, 2020, 1:36 p.m.
Bitcoin holders will now be able to sell their bitcoin from 16,000 Cashzone automated teller machines (ATMs) across the U.K. under an agreement reached with London-based cryptocurrency company BitcoinPoint.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Under terms of the agreement, after registering, Cashzone users will be able to enter an amount to be withdrawn on the BitcoinPoint website and scan a QR code. Users would then get an SMS message with a pin code to be entered at a Coinzone ATM.
- BitcoinPoint CEO Benoit Marzouk said there is a demand for the ATMs as registering on a cryptocurrency exchange can be complex for non-tech savvy people, adding that the scarce availability of bitcoin ATMs made the accessibility of bitcoin problematic.
Read more: Number of Bitcoin ATMs Up 85% This Year as Coronavirus Drives Adoption
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
